Replies to post #657631 on Mr Cooper Group Inc (COOP)

[JusticeWillWin]

Please provide a link for your statement...

Your post:

WMIH can only use the NOLS if it returns to the OLD SHAREHOLDERS the same amount of shares that they had before the bankruptcy.

The law writes: IN ORDER TO USE THE NOLS; THE NEW REORGANIZED; MUST RETURN THE OLD INSTRUCTIONS/INSTRUMENTALITIES:

ONLY THEN CAN HE USE THEM AND THEY ARE VALID UNTIL 2031.

And as I already said, COOP already converted a portion of the NOLs to ordinary NOLs which never expire.

From: https://www.fool.com/earnings/call-transcripts/2021/02/23/mr-cooper-group-inc-coop-q4-2020-earnings-call-tra/

We've converted roughly 1/3 of the DTA from NOLs associated with the WMIH merger, which have expiration dates to ordinary NOLs, which never expire, and that conversion will continue over the next two years or so

[worker]

Serafino ...and if I remember me right (after Nate Thoma unmasked the illegal insider trading of the hedgies), there was a hard fight of the Equity to get these NOL's. And if these billions of NOL's still exist (which is for sure) they always have and still belongs to the old Equity holders and must be paid out. This alone proves, that all Equity holders (at the moment called ESCROWS) are still in the "game"!